AKH...the NEW Air France/KLM Message Board

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Non-Tech : AKH...the NEW Air France/KLM

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To: Skywatcher who wrote (69)	12/24/2007 2:41:50 PM
From: Skywatcher	Read Replies (1) of 72

Air France-KLM Acquires VLM Airlines Monday December 24, 11:01 am ET Air France-KLM Announces Acquisition of Regional Carrier VLM Airlines PARIS (AP) -- Air France-KLM said Monday it agreed to acquire European regional carrier VLM Airlines for an undisclosed sum. In a statement, Air France-KLM said the Belgium-based carrier, which operates largely out of London City Airport, would "actively cooperate" with CityJet, an Air France-KLM-owned regional carrier that also operates out of London City. CityJet Chief Executive Geoffrey O'Brian-White said in a statement that the airline networks "are highly complementary and the new combined network will link London City with major European business and financial centers." VLM Airlines, which operates a fleet of 18 Fokker 50 and one BAE 146 caters mainly to business travelers, and is owned by Holland's Panta Holdings B.V. The deal follows recent Air France-KLM offer for Italy's ailing state-controlled carrier Alitalia. Last week, Alitalia's board unanimously named the airline as its preferred bidder. The Italian government is studying the proposal.

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